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Updated over 9 years ago on . Most recent reply

User Stats

49
Posts
15
Votes
Marquest Page
  • Investor
  • Pittsburgh, PA
15
Votes |
49
Posts

wholesale under contract

Marquest Page
  • Investor
  • Pittsburgh, PA
Posted

Ok, let me start of by saying I'm very new at this.... Now with that disclaimer, I just got a deal under contract yesterday for a 2bed 1bath in Winter Garden, FL for about $41k... to be honest I'm not sure if it's a good deal and I may have a hard time finding a good buyer but I'll try to see where it goes. I'm not sure what steps I should take from here. I got the seller to sign the contract. Should I go to a title company now or later? 

Most Popular Reply

User Stats

202
Posts
149
Votes
Ana G.
  • Wholesaler
  • Miami, FL
149
Votes |
202
Posts
Ana G.
  • Wholesaler
  • Miami, FL
Replied
Marquest Page Good for you! You put in work, you were fearless, and you got a deal under contract! Congratulations! Now to sell your deal I have a few tips to sell your deal: #1 is the absolute BEST way to sell your deal and that is to contact every single wholesaler in your area and offer 50% of the fee to JV with them if they find you a buyer. When I had a deal that I wasn't sure I would be able to sell, it was gone in 24 hours when I found a JV partner who had tons of buyers. #2 is put it on the MLS as a flat fee listing. It should cost around $200-$300 but you're going to get so much exposure it's going to be worth it (list it as a cash/hard money only contract for purchase deal-just assign it to them and get a $3k deposit). #3 is send out postcards or flyers to ALL the recent cash and hard money sales in the last 6 months advertising your deal. Include photos, address, contact number, deposit fee, website if any, email, etc. #4 Craigslist & postlets #5 imagine yourself going to the title company picking up your check 3 times a day. Feel relieved that you were able to sell your deal so easily and quickly and now you want to help other newbies like others have helped you. Good luck!!

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